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Non-Tech : Nordic American Tankers (NAT)

NAT 3.680

+0.3%

Oct 31 9:30 AM EDT

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From: Lahcim Leinad	10/12/2011 1:53:06 PM
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'There has been a tripling in the average rates in the past 10 days, and even more in the Mediterranean,' Axel Styrman, a shipping analyst at Carnegie, says. He says the initial Suezmax rate uptick, stemming from shipping delays in the Turkish Straits, has been exacerbated in recent days as VLCCs in the Mediterranean redirect to West Africa to take advantage of improving rates there. lse.co.uk

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